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CITIC Bank InternationalChina
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On record

This profile has not been updated for more than one year, with the information provided here possibly out of date

Created before Nov 2016
Last update: 2016-08-08 14:13:33

Contact:

Yu Xiaogang, Founder of Green Watershed


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About CITIC Bank International

CITIC Bank International Limited is a Hong Kong based commercial bank. It was formerly known as CITIC Ka Wah Bank but changed its name in May 2010 in order to mark the completion of its restructuring. 

The bank has a strong presence throughout China, with thirty branch offices in various cities, including: Hong Kong; Beijing; Shanghai; Shenzhen; and Macau.  The bank also has international branch offices in Singapore, Los Angeles, and New York. 

The bank serves both private and corporate clients and is engaged in a variety of activities.  In July 2010 it launched its Private Banking Services in order to provide financial products and services to high net worth individuals and corporations.  The bank also offers the following to corporations and small-medium enterprises: business account services; trade services; treasury services; business insurance; loans and mortgages; credit card services; foreign exchange and deposit services.

 

Website http://www.cncbinternational.com/home/en/index.jsp
Headquarters
232 Des Voeux Road Central
Hong Kong
China
CEO/chair Dr. Chen Xiaoxian
Chairman
Supervisor
China Banking and Investment Regulatory Commission (CBIRC)
Annual report Annual Report 2013
Ownership

It is a wholly-owned subsidiary of CITIC International Financing Holdings Limited. BBVA is a strategic shareholder and has approximately 30% ownership of the bank.

Complaints and grievances

News

| |
Type:
Year:
blog
external news
our news

Global finance sector failing to apply conservation criteria to pulp and paper funding

2020-03-21 | New York/Amsterdam | Environmental Paper Network
blog
external news
our news

APRIL signed a USD 265 million loan agreement

2014-04-25 | Reuters China
blog
external news
our news

APRIL - PXF financing

2012-03-07 | Trade Finance Magazine
blog
external news
our news

China digs in conflict-ridden Burma for oil and gas

2011-09-06 | Bangkok | Finance GreenWatch
blog
external news
our news

China fines Industrial Bank, CITIC Bank & Postal Saving Bank of China for charging too much

2011-08-18 | China | The Economic Times

Documents

Type:
Year:
ngo documents
2021-08-19 00:00:00

Recipients of the letter about the risk of the anti-environment agenda in the Brazilian Congress

2021-08-19 00:00:00 | BankTrack
correspondence
2014-12-10 00:00:00

Letter from EPN to Banks investing in April on APRIL

2014-12-10 00:00:00 | EPN
our publications
2014-11-25 00:00:00

Going out, but going green?

Assessing the implementation of China's Green Credit Guidelines
2014-11-25 00:00:00 | BankTrack, Friends of the Earth US
annual reports
2014-01-01 00:00:00

Annual Report 2013

2014-01-01 00:00:00
ngo documents
2013-11-25 00:00:00

Green Credit Footprint of Chinese banks (2008-2012)

-Chinese version-
2013-11-25 00:00:00 | Green Watershed
annual reports
2013-01-01 00:00:00

Annual Report 2012

2013-01-01 00:00:00
ngo documents
2012-11-26 00:00:00

Environmental report on Chinese banks 2011

-English summary-
2012-11-26 00:00:00 | Green Watershed
correspondence
2012-11-06 00:00:00

Letter from BankTrack et al. to various financial institutions on APP

2012-11-06 00:00:00 | BankTrack et al.
annual reports
2012-06-28 00:00:00

Annual Report 2011

2012-06-28 00:00:00 | CITIC Bank International
ngo documents
2012-04-18 00:00:00

Environmental Report on Chinese Banks (2011)

-Chinese version-
2012-04-18 00:00:00 | Green Watershed
annual reports
2012-03-21 00:00:00

Gearing for growth- Inside the 2010 Annual Report

2012-03-21 00:00:00 | CITIC Bank International
bank documents
2012-02-24 00:00:00

Notice of the CBRC on Issuing the Green Credit Guidelines

2012-02-24 00:00:00 | China Banking Regulatory Commission

Links

EPN assessment of policies against 14 minimum criteria - CITIC

Environmental Paper Network (EPN) evaluated the policies of 68 major financiers of the pulp and paper industry against 14 absolute minimum criteria that all financial institutions should require their clients, investments and business partners to respect in order to reduce social and environmental risks.

https://environmentalpaper.org/china-citic-bank-corp-ltd/

Policies

Voluntary standards

CITIC Bank International has committed itself to the following voluntary standards:

Investment policies

2008

CITIC is mindful of its responsibility as a corporate citizen to grow in harmony with the societies and environment wherever its footprint sets. Its green programmes are developed along the four key principles of its environmental pledge: Energy Efficiency, Resource Efficiency, Ethical Code of Conduct and Commitment to the Promotion of Green wareness, with the objective to raise staff and public awareness in environmental protection and nature preservation.

2009

Climate change is widely recognised as one of the greatest global
challenges. CBI is mindful of its far-reaching implications for the
environment, for people, and for the economy – of which the Bank is a part. Its green programmes are guided by the four key principles of its environmental pledge: Energy Efficiency, Resource Efficiency, Ethical Code of Conduct and Commitment to the Promotion of Green Awareness, with the objective to promote environmental protection awareness amongst its staff and the general public of Hong Kong.

2010

On recycled usage and waste reduction, the Bank organised an
internal staff campaign to collect used books and toys for
Christian Action to re-distribute to the needy or sell at its charity
flea market to raise funds for its charitable services and
programmes. Energy conservation is considered the most effective and quickest way to alleviate global climate change and improve air quality. The Bank launched PC Switch Off Campaign to encourage its staff to turn off their computers after work to save energy. In addition, the Bank joined Power Smart Campaign
2010 organised by Friends of the Earth (HK) (“FOE”) between 15
June and 12 September 2010. The three-month campaign aimed to encourage corporations and households to reduce electricity consumption.

2011

The Group continued to focus its CSR efforts on three
established themes..nurturing leadership in young people while
enhancing the quality of education for underprivileged children,
building harmonious relationship with the environment, and caring
for the socially deprived communities.

Year:

Good moves

Year:
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